Stock Market News

Hollywood writers guild ends strike ahead of final contract vote

2023.09.26 21:18


© Reuters. FILE PHOTO: The iconic Hollywood sign is pictured the day after the Writers Guild of America (WGA) announced it reached a preliminary labor agreement with major studios in Los Angeles, California, U.S., September 25, 2023. REUTERS/Mario Anzuoni/File Photo

By Lisa Richwine and Dawn Chmielewski

LOS ANGELES (Reuters) -Hollywood’s writers union said its members could return to work on Wednesday while they decide whether to approve a three-year deal that provides pay raises, protections around use of artificial intelligence and other gains.

The Writers Guild of America (WGA) leadership voted unanimously to end the strike on Wednesday, the guild said in a statement. The 11,500 members have until Oct. 9 to cast their votes on the proposed contract.

Film and television writers walked off the job in May after failing to reach a deal with major studios, including Netflix (NASDAQ:), Walt Disney (NYSE:) and Warner Bros Discovery (NASDAQ:).

The writers appeared to have won concessions across the board, with raises over the three years of the contract, increased health and pension contributions, and AI safeguards.

Under the tentative agreement reached on Sunday, AI cannot be used to undermine a writer’s credit. Writers can choose to use AI when drafting scripts, but a company cannot require the use of the software. The studios also must disclose to a writer if any materials were generated by AI.

The end of the strike means daytime and late-night talk shows can return to the air. Bill Maher, host of HBO’s “Real Time,” said on social media that he would be back with fresh episodes starting Friday.

“My writers and Real Time are back!” Maher wrote.

Maher and Drew Barrymore had angered writers by saying this month that their talk shows would return before the strike ended.

The end of the WGA strike does not return Hollywood to normal. The SAG-AFTRA actors union walked off the job in July and remains on strike.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 76,248.43 1.90%
vested-xor
Vested XOR (VXOR) $ 3,405.08 99,999.99%
ethereum
Ethereum (ETH) $ 2,918.28 3.46%
tether
Tether (USDT) $ 1.00 0.10%
solana
Solana (SOL) $ 200.28 6.47%
bnb
BNB (BNB) $ 600.41 0.75%
usd-coin
USDC (USDC) $ 0.999914 0.02%
xrp
XRP (XRP) $ 0.551065 0.92%
dogecoin
Dogecoin (DOGE) $ 0.199987 4.49%
staked-ether
Lido Staked Ether (STETH) $ 2,923.21 3.76%
cardano
Cardano (ADA) $ 0.43005 16.69%
tron
TRON (TRX) $ 0.160971 0.10%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,458.88 3.67%
the-open-network
Toncoin (TON) $ 4.88 1.16%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 2.83%
avalanche-2
Avalanche (AVAX) $ 27.64 2.56%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,229.42 1.90%
weth
WETH (WETH) $ 2,918.59 3.45%
chainlink
Chainlink (LINK) $ 12.84 4.43%
bitcoin-cash
Bitcoin Cash (BCH) $ 372.06 0.56%
sui
Sui (SUI) $ 2.30 2.62%
polkadot
Polkadot (DOT) $ 4.33 6.12%
leo-token
LEO Token (LEO) $ 6.35 3.21%
usds
USDS (USDS) $ 1.00 0.16%
litecoin
Litecoin (LTC) $ 71.32 1.01%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,070.05 3.47%
uniswap
Uniswap (UNI) $ 8.75 1.93%
near
NEAR Protocol (NEAR) $ 4.20 1.43%
aptos
Aptos (APT) $ 9.72 1.72%
pepe
Pepe (PEPE) $ 0.000011 6.24%
bittensor
Bittensor (TAO) $ 503.43 1.45%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.41 1.86%
internet-computer
Internet Computer (ICP) $ 7.73 1.31%
dai
Dai (DAI) $ 1.00 0.10%
stellar
Stellar (XLM) $ 0.101732 4.02%
monero
Monero (XMR) $ 165.10 1.45%
ethereum-classic
Ethereum Classic (ETC) $ 20.22 0.71%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.11%
kaspa
Kaspa (KAS) $ 0.113497 4.31%
crypto-com-chain
Cronos (CRO) $ 0.104259 20.76%
whitebit
WhiteBIT Coin (WBT) $ 19.60 1.84%
aave
Aave (AAVE) $ 181.08 0.29%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.347445 2.75%
blockstack
Stacks (STX) $ 1.66 1.28%
okb
OKB (OKB) $ 40.17 0.73%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.18%
dogwifcoin
dogwifhat (WIF) $ 2.34 0.08%
arbitrum
Arbitrum (ARB) $ 0.573514 1.16%
filecoin
Filecoin (FIL) $ 3.72 0.04%
mantle
Mantle (MNT) $ 0.659737 3.82%